Every organization needs risk management strategies that keep them away from various risk assets. It is the process of identifying the risk, evaluating risk and applying efforts to reduce and overcome it. Depending on organization risk can be of different types.

Risk Management is used to identify and avoid the technical risks to a system. It isvery useful for an organization to identify the risks and for this they need to be knowledgeable enough. Risk Management training trains you on different ways of handing and managing risk. Risk can occur at any time during the execution of project and it can be of any kind

REQUEST CALL BACK

Risks affect an organization if it is negative and can also improves an organization if it is positive. The conclusion is that risk can be good or bad depending on the situation and process. It can occur in various places like financial markets,credit risk, legal risks or project failure risk in project management.

Generally there are two types of risks. First is the negative risk which brings only failure and second is the positive risk which brings opportunities to do something different. In project management field, you can go through different types of risks at different phases. Risk management is a contiguous process as it never ends. Risk management must be done at very early phase of project management otherwise it can create lot of problems in the further project management phases.

Thepurpose of risk management is to:

Identify the riskAllocate or reduce itPlan to overcome risk

Principles of Risk Management:

Should be systematic and structuredShould create valueShould be based on the best available informationShould be an integral part of an organizationShould be tailored to the projectShould be dynamic

Assessingrisks on a project is the best weapon that will add value and help you managethe project better and it’s not easy.

There are differentsteps for risk management process:

Identification– Identifying the type of riskPlanning – Plan to overcome and reduce riskDerive Safeguards – Place specific ‘fallbacks’ into the overall project plan ascontingencies for risks if they ariseMonitor –Continuously monitor the project to determine if any defined risks manifestthemselves

After identifying the risk, what should the project manager do with the identified risk?First step is to deal with risk effectively. Dealing with risk involves thefollowing steps:

Avoid the risk: There are instances where a perceived risk can be avoided entirely ifcertain steps are taken so in certain situations, risk must be avoided

Reduce the risk: Some risks are unavoidable and it is difficult to avoid it. Differenttechniques must be used to reduce risk.

Share the risk: Some risks are not avoidable and even not reducable for that steps can betaken to share it in any way.

Retain the risk: After going through all the above process, the last is to retain risk.

Risk management is a very broad field and requires a very specialized knowledge setand background to perform adequately. A project manager is responsible forsuccess and failure of project therefore they must know the risk management techniques. The benefits of risk management can be huge if done in a proper way. It helps you to deliver your project on time and on budget. Enroll for our risk management training and get trained on the same.

What is the format of exam?It consists of 170 multiple choice questions and will be given 3.5 hours to complete it.

Who can apply?Project team members responsible for assessing and identifying project risks while mitigating threats and capitalizing on opportunities.

What happens after I pass the examination?After clearing your exam, you can use the certification after your name. You will also receive a package containing your certificate and information on how to maintain your certification.

Whom can I contact regarding more details?For more enquiries you can chat with our live experts or mail us at support@sprintzeal.com

Who are the trainers?Trainers are highly skilled and more than 10 years experienced

Are the training materials helpful for me?Yes, our training material will help you to clear the exam in the first attempt

Are there any refreshments during the training?Yes, we provide two time refreshments during the training

What will be provided for training?All training course materials are provided during the training

What about the training venues?Our training venues are situated at appropriate location including all luxurious facilities.

Is exam fee included in the course fee?No. The exam fee is not included.

When will I know about training location?We’ll sent you an email including all details related to training before 1-2 weeks of training

The certification exam has170 multiple-choice questions and you have 3.5 hours to complete it.

I passed my exam I am giving the review now Ryan Carson, I hope this makes sense. I have attended 4 days training in New York last October and took the exam in December I am glad I passed the exam it was nice experience.

Six Sigma training I keep hearing this from many people and on the floor, I contacted many training institute but I am glad I choose Sprintzeal for their best price guarantee and commitment on delivering the training as promised.

I am giving this review before the training start, I hope the training will go well. I received an email asking for the service review I haven’t taken the training yet but if I have to rate before training start then its 4 but I am still looking forward the training which i hope it will go well, i assume it should based on the prompt responses i get.

Great news. I have cleared my Prince2 Practitioner certificate exam, Please take this mail as a token of appreciation from my end for the wonderful training provided by your institute. ID : 9980082524888231. Thank you very much.

The group completed the PMP training with Bruce Maidi yesterday. The training was very worthwhile; Bruce is a great trainer with an unusual sense of humor, a refreshing educator. I’d like to start moving towards the next level of the certification process, give more options.

I took this training from other training company I dint pass the exam, but I had to rely on some company to pass my PMP exam I am glad I did through you Ryan, thanks for the help I finally passed my exam you deserve hike in your pay checks.

Customer Relationship Executive was rude when I called to inform I will be late to training due to traffic and he just snapped at me saying we cannot hold the training for you alone. No complaints for trainer because he was good but not good behavior of the executive.

Trainer is very good, Sumanta is holding excellent knowledge from PMP world and his industry experience with knowledge adding nice mix for aspirants. Good to have session with him. and also Very Good, Responsive towards the early initiation of training.

You are really a very very good person/human.you have lot of patient to deal with us and make us understandable (like i asked lot of stupid questions:) ).Honestly i have no words for representatives and their dealings it is 11/10. it was a lesson learning for me thanks for thatFeedback about trainer!Trainer was very much cool and had lot of patient to explain any question asked by students.More focused about subject and gave real time example and compare to IT industry what made us understand very quickly.I can give him 10/10.It was also good , nice arrangement , good staff selection (trainer) and good environment too .So overall all was good .Thank you Sprintzeal and specially to Kavya .Hope see you soon with different training

I enrolled for the training and was still doubtful whether I will be able to make it for the training because of my schedule, but Sprintzeal had LVC option which saved my time and efforts. I completed my training while working in office.

Naa…!!! You guys aren’t that great what my colleague told me about so 4 stars for you guys. Improvement, please change the training venue next time its little far from city center and its difficult for people to travel and reach their on time.

Guys be aware sometime you guys will be charged more in other companies. Compare this company with others before buying I did and I am happy I chose Sprintzeal. I had to pay less compare to others. I am giving three stars because I had to reschedule the training once which i am not happy if not company is good, training is good, overall it was good learning.

It was easy and comfortable to discuss and get the necessary information which was required prior to training from sprintzeal. Trainer: In a single word , excellent. Sumanta is an excellent trainer with very keep knowledge on the subject. He always kept session very interesting and light and quote excellent real life examples to relate with course material.Training was very good which includes course content , material and venue. I would like to pay bit attention about the venue because on first Sunday class was arranged in Hall 3 which was not an adequate hall to study for 8 hours.Over all i am very satisfied with course content , material and Trainer abilities.

To the representatives Though I have not met them in person, they were cordial over the phone and very helpful in rescheduling my classes from Jan to Feb 2017. Keep up the good jobabout the Trainer: were very knowledgeable, plenty of patience he had with us even when we answered some simple question also wrongly. Soft spoken and gave practical examples for us to understand the topic Having spent good experience in similar field of project management, it was time that certified myself as a professional. I believe that I can be more effective after getting myself certified from Sprintzeal and hope to get better job offers in the market.

COMPANY

LEGAL

CONTACT

SUPPORT

SUBSCRIBE FOR NEWSLETTER

PMI - PMP® is a registered trade mark of PMI-USA and Other PMI Chapters.PMI related Training courses are provided by VMedu - ProjStudyCBAP® - Is a registered trade mark of IIBA.PRINCE2® is a registered trade mark of AXELOS Limited.The Swirl logo™ is a trade mark of AXELOS Limited.The ITIL® is a registered trade mark of AXELOS Limited.ITInfrastructure Library® is a registered trade mark of AXELOS LimitedITIL® is a registered trade mark of AXELOS Limited.CSM® is a registered trademark of ScrumAlliance. ScrumAlliance related Training courses are provided by Knwoledgehut, Star Agile and Bearded Eagle.All the online courses are accredited by respective governing bodies and belong to their respective owners.